Why Local Supply Chains Are the Future of Business
Having more diverse, shorter, less complex supply chains creates more resiliency.
Having more diverse, shorter, less complex supply chains creates more resiliency.
In a note released before Trump’s address, LMA Consulting Group, which specializes in manufacturing and supply-chain strategy, said the U.S. must secure stable and diversified sources of rare-earth minerals to protect supply chains and maintain global competitiveness. “Supply chains don’t exist without rare earth minerals — without them, there [...]
Manufacturers are focused on successfully navigating continually changing conditions to serve customers while driving profitable growth. End-to-end supply chains are evolving, creating shifting demand patterns and customer order volatility.
In the second half of 2024, manufacturers in the U.S. and Mexico were in contraction according to PMI readings while Canada showed continual expansion. The Purchasing Managers’ Index (PMI) is based on a survey of private sector executives and measures the health of the economy. Canada has scored in [...]
Natural resources aren’t just about availability—they’re about accessibility and investment.
"Canada and Mexico have integrated supply chains with the U.S. in the automobile and aerospace sectors," Lisa said. "Although I think there might be short term impacts, I don’t think there will be significant tariffs over the medium/long-term."
Lisa Anderson shares her thoughts on the outlook for supply chains in 2025.
Risks abound in the global supply chain and goods movement systems. The only successful strategy to thrive is to create a resilient supply chain. According to the Global Port Tracker (GPT) report from Hackett Associates and the National Retail Federation (NRF), the specter of labor strife and new tariffs, along with strong sales, is driving U.S. retailers to keep imports surging through the spring.
Manufacturing in the U.S. is gaining momentum, and businesses that aren’t prepared will struggle to keep up. According to Lisa Anderson, MBA, CSCP, CLTD, President of LMA Consulting Group, Inc., the resurgence will be fast and powerful, with companies that are ready to scale reaping the greatest benefits.
"Trump is utilizing tariffs as a negotiating tool in support of his agenda. Although most of what is communicated as potential tariffs is unlikely to go into effect for extended periods of time, tariffs will be rolled out in the next few months." Lisa Anderson is quoted in this article from PYMNTS.